10-QPeriod: Q3 FY2007

HORTON D R INC /DE/ Quarterly Report for Q3 Ended Jun 30, 2007

Filed August 9, 2007For Securities:DHI

Summary

D.R. Horton, Inc. (DHI) filed its quarterly report for the period ending June 30, 2007, on August 9, 2007. The report indicates a company in a mature phase, evidenced by its status as a large accelerated filer. While specific financial figures are not detailed in the provided excerpt, the filing structure points to a comprehensive review of its financial condition, results of operations, and market risk. Investors should pay close attention to the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section for detailed insights into performance drivers, challenges, and strategic outlook. Key areas for investor focus will likely include the company's balance sheet health, particularly its cash position and debt levels, as well as its revenue generation and profitability trends as presented in the consolidated statements of income. The consolidated statements of cash flows will be crucial for understanding the company's ability to generate cash from its operations, invest in its business, and manage its financing activities. Understanding the market risks DHI is exposed to, as outlined in Item 3, will also be vital for a complete picture of the company's risk profile.

Key Highlights

  • 1D.R. Horton, Inc. is a large accelerated filer, indicating a significant market capitalization and a history of timely SEC filings.
  • 2The filing covers the quarterly period ended June 30, 2007, with financial statements and management discussion for the three and nine months ended on that date.
  • 3Key financial statements included are the Consolidated Balance Sheets, Consolidated Statements of Income, and Consolidated Statements of Cash Flows.
  • 4Management's Discussion and Analysis (MD&A) is a critical section for investors to understand the company's performance drivers, financial condition, and outlook.
  • 5The report addresses Quantitative and Qualitative Disclosures about Market Risk, offering insights into potential financial exposures.
  • 6Other information includes details on Legal Proceedings and Unregistered Sales of Equity Securities and Use of Proceeds.
  • 7As of August 1, 2007, D.R. Horton had approximately 314.7 million shares of common stock outstanding.

Frequently Asked Questions

This Form 10-Q is a quarterly report filed by D.R. Horton, Inc. to provide investors and the SEC with an update on the company's financial performance and condition for the quarterly period ended June 30, 2007. It includes unaudited financial statements and management's analysis of the results.

The detailed financial performance can be found in the 'Consolidated Statements of Income for the three and nine months ended June 30, 2007 and 2006' and the accompanying 'Notes to Consolidated Financial Statements'. The 'Management’s Discussion and Analysis of Financial Condition and Results of Operations' will provide context and explanation for these figures.

Investors should focus on revenue growth, profitability margins (gross, operating, net), cash flow from operations, inventory levels, debt-to-equity ratios, and backlog figures (if disclosed in the MD&A) to assess the company's operational health and financial stability.

Item 1 of Part II, 'Legal Proceedings', would contain information on any significant legal matters. However, the provided excerpt does not detail the nature or impact of any such proceedings.